S 19 repealed by No 110 of 2006, s 3 and Sch 3 item 7, applicable to assessments for the 2006-2007 year of income and later years of income. S 19 formerly read:

SECTION 19 PRE-WORKFORCE INCOME
19
For the purposes of this Division, where there is a part-year workforce period in relation to a taxpayer in relation to a year of income, the following amounts shall be taken to be pre-workforce income derived by the taxpayer in the year of income:

(a)
where the taxpayer derived assessable income in the study period by way of salary or wages
-
the amount of that assessable income reduced by any related deductions;

(b)
where:

(i)
the taxpayer derived assessable income in the year of income by way of the proceeds of a business carried on by the taxpayer alone; and

(ii)
the taxpayer carried on the business alone at any time during the study period;
the amount calculated in accordance with the formula
AB/C
, where:
A
is the amount of that assessable income reduced by any related deductions;
B
is the number of days in the period during the study period when the business was carried on by the taxpayer alone; and
C
is the number of days in the period during the year of income when the business was carried on by the taxpayer alone;

(c)
where:

(i)
an amount was included in the assessable income of the taxpayer of the year of income under subsection
92(1)
of the Assessment Act in respect of the net income of a partnership; and

(ii)
the taxpayer was a partner in the partnership at any time during the study period;
the amount calculated in accordance with the formula
AB/C
where:
A
is the amount of that assessable income reduced by any related deductions;
B
is the number of days in the period during the study period when the taxpayer was a partner in the partnership; and
C
is the number of days in the period during the year of income when the taxpayer was a partner in the partnership;

(d)
where:

(i)
an amount was included in the assessable income of the taxpayer of the year of income under section
97
,
98A
,
99B
or
100
of the Assessment Act in respect of a trust estate; and

(ii)
the taxpayer was, at any time during the study period, a beneficiary of the trust estate;
the amount calculated in accordance with the formula
AB/C
where:
A
is the amount of that assessable income reduced by any related deductions;
B
is the number of days in the period during the study period when the taxpayer was a beneficiary of the trust estate; and
C
is the number of days in the period during the year of income when the taxpayer was a beneficiary of the trust estate;

(e)
where the taxpayer derived assessable income in the year of income otherwise than:

(i)
by way of salary or wages;

(ii)
by way of the proceeds of a business carried on by the taxpayer alone; or

(iii)
by virtue of the inclusion in the assessable income of the taxpayer of an amount under subsection
92(1)
or section
97
,
98A
,
99B
or
100
of the Assessment Act;
the amount calculated in accordance with the formula
AB/C
where:
A
is the amount of that assessable income reduced by any related deductions;
B
is the number of days in the study period; and
C
is the number of days in the year of income.

Our commitment to you

We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations.

If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take.

Some of the information on this website applies to a specific financial year. This is clearly marked. Make sure you have the information for the right year before making decisions based on that information.

If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice.